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Business for Sale Summary

Laundromat For Sale in Camden County, NJ - 32923

Business Type: absentee business,laundromats
Laundromat For Sale in Camden County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $169,500 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View


$250,000 Down and

Business Description

Established Absentee laundromat, coin operated, heavy residential area. Limited competition. Most equipment only 3 years old. Dexter washers and dryers. Equipment is worth $180,000.Two change machines. Two vending machines. Security cameras and automatic locks. Monthly gross $12,000. $2480.Rent .Monthly averages $900. electric/gas $900 water/sewage.$600.payroll,$140 insurance. $100 misc. . Good Landlord. Will do a new 5 and 5 lease for qualified buyers. There are no financials available. Utility bills are available for review. Priced to sell @ 3x multiple. All cash deal. 1st $255,000. takes it. Seller wishes quick closing.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.